58bro.eth-Linked Wallet Borrows $9M USDT on Aave to Boost ETH Long to 7,000 Coins

This is a textbook leverage loop: collateral in, stablecoin borrow, buy more ETH, repeat — which means the position's health is now tied to the ETH price and the borrowing cost of USDT on Aave, not to conviction alone. The visible concentration matters because a single wallet at this size can add to liquidation pressure if the market moves against it, and the average entry gives a rough reference point for where that stress begins. Whether the address keeps looping, or starts unwinding into strength, is the open question.